2024 BIF to MVR Historical Review

YEARLY HIGH

0.0054 MVR

YEARLY LOW

0.0050 MVR

YEARLY AVERAGE

0.0053 MVR

2024 BIF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0054. Conversely, the yearly low was recorded on May 2, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0004 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0052, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0054 was down 27.67% compared to the 2023 peak of 0.0075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BIF based on timing:

Yearly Peak High 27 MVR

2023 Average 31 MVR

Yearly Trough Low 25 MVR

Transaction Impact: A difference of 1.97 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0054

0.0052

JanuMarcMayJulySeptNove

BIF to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0054, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0054

H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 MVR (High: 0.0054 / Low: 0.0050). On the other end, April was the most stable month, with a tight range of 0.0000 MVR (High: 0.0054 / Low: 0.0054).

May Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0054) against the same month in 2023 (average: 0.0074), the exchange rate shifted by -0.0020 (-27.14%).

2024 Avg (March) 0.0054

2023 Avg (March) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0054	0.0054	0.0054
February	0.0054	0.0054	0.0054
March	0.0054	0.0054	0.0054
April	0.0054	0.0054	0.0054
May	0.0054	0.0050	0.0054
June	0.0054	0.0053	0.0054
July	0.0054	0.0053	0.0053
August	0.0054	0.0053	0.0053
September	0.0053	0.0053	0.0053
October	0.0053	0.0052	0.0053
November	0.0053	0.0052	0.0053
December	0.0053	0.0052	0.0052